Gann Theory
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Gann Theory [1] is a method of predicting price movements through the relationship of geometric angles in charts that depict time and price.
The methodology was created by W.D. Gann, a financial astologer and legendary trader[2]who was born in 1878 and became one of the most successful traders of his time. Gann techniques are based on price study, time study and pattern study and operate under the premise that markets are cyclical.
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References
- ↑ Technical Analysis Terms. Lind-Waldock. Retrieved on April 25, 2008.
- ↑ Glossary. Brokers Climb. Retrieved on April 28, 2008.
